Joseph Agins
Banks or CUs that will do HELOC on SFH rental property?
I know many banks and CUs will not do HELOCs on investment properties but I have also heard here and elsewhere that many do. However, now that I am actually looking, I am having a hard time finding any and can't locat...
Edward Shen
Looking for low rate HELOC with high LTV in first position
Hi Everyone,Does anyone have any banks/credit unions/lending institutions that will provide a high LTV (& more than $400k limit) on a SFR (primary residence) in first lien position with good rates in CA? I curren...
Tiffany Spann
Are two hard money loans possible for one property?
Is it possible to get two hard money loans for a property that is being flipped? One loan for the house, the other loan for renovations.
Doreen Hall
Is it hard to get a Cash out refinance on duplex investment
Hi! We Have an accepted offer on a duplex that we would like to purchase and renovate. I have a HELOC on another property that we can use to buy that property outright. My mortgage broker tells me that it can be hard...
Erwin Miciano
First Million Dollar Refinance?
Hey BP,
Just closed on our first property in Sunny San Diego.
Quick run through : Triplex House Hack VA-Owner Occupied
Purchase price: 1,100,000
Loan amount : 1,125,000
Rate: 3.125%
I'm looking into refinancing ...
Terell Brown
Is 75% of LTV standard for cash out refinancing?
I called a couple lenders today to enquire about a cashout refinance on BRRRRR properties. This is specifically on a property that has been acquired, rehabbed, and rented in the span of 2 months. They are all telling ...
Evan Brookman
HELOC for a rental property
Hey everybody, I’m looking to get a HELOC for a rental property that I own and I’d like to fix up. Does anyone have any suggestions of where I should look? Thanks!
Jack Moran
If I pay cash for fixer upper, can 70%LTV be used to renovate?
Looking at a 40,000 2fam property and I have just enough cash. If I buy it, can I immediately get a $28,000 (a 70% LTV cash out) before renovation and use the 28,000 to do renovations? I know the typical BRRRR proc...
Shawn Munoz
Trying to understand hard money and realty shares
Hey guys. I'm currently in the process of looking at properties to flip. I have a team in place to do all of the work and we believe we have a few properties that we can get rehabbed in 2 months tops. I was on realty ...
Daniel H Truex
LTV = No money down?
I have a two quick questions that I am hoping someone on here can help me understand.I have a possible deal where the (commercial) building will appraise for well over what they are willing to sell it for (30% +/-). ...